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FOX News
Sep 28, 2012 9:00pm EDT
susan rice. >> sean: it's hillary clinton. >> let's go to susan rice. five days after this terrorist attack, she is booked on five national news shows and goes out and uses the exact terminology, spontaneous, not premeditated, not preplanned at all. they were told to go out there by people who must have known the intelligence, therefore using these people, these administration people to deceive and mislead unless they were utterly stupid about what happened. we ought to find out who told ms. rice to go out and say that, who told carney to go out and say that, because we know it was ultimaterly false. it was complete a terrorist attack. >> sean: here's the problem. this president still is blaming this youtube movie trailer that was released in july. he's still blaming them. we have the mother of one of our navy seals killed here, and she's demanding answers, as should the ambassador's family, the other navy seal and the other person. banghazi is a hotbed for terrorist training, pat. this is not brain surgery. >> sean, let me tell you about banghazi. the cia took off and got out of the
FOX News
Sep 29, 2012 4:00pm PDT
. ambassador to the united nations, susan rice. this is all over the way the white house responded to the deatdeaths of those four americs killed at our u.s. consulate in libya. fresh fallout tonight. congressman peter king, republican from new york, heads the powerful house homeland security committee, saying rice must step down because the account she gave in the days and hours following the attack was plain wrong. here he is earlier today on fox. >> either ambassador was deliberately misleading the american people or she showed and demonstrated such a lack of mr. king says several people with the administration. so did the intelligence change, then, days after the attack, or what? >> well, as you said, fox news has sources that say intelligence officials knew within a day, one day, that it was a terror attack. a spokesman for the director of national intelligence, though, says the information about the attack did evolve over time, but didn't say how long it took. ambassador rice spoke five days after the attack, and congressman king says at >> growing concerns over possible voter regis
MSNBC
Sep 29, 2012 7:00am EDT
bit. susan rice the u.n. ambassador said it started as a demonstration about that video, and then involved other elements, who joined spontaneously. it's been shifting ever since. the president initially called it an act of terror. he has not done so since then but his spokesman has said since then that it is obviously self-evidently an act of terror, and now this statement from the spokesman for the director of national intelligence, who says in part, we do assess that some of those involved were linked to groups affiliated with, or sympathetic to, al qaeda. >> can i ask you, susan rice, she's under fire from peter king. of course he's a republican congressman. he's been calling for her resignation, saying she hasn't been forthcoming with the truth. so what does the white house say about that? >> they did put out a spokesman in defense of ambassador -- statement in defense of ambassador susan rice yesterday. it stems from a couple of sundays ago. she was on some of the sunday shows, including "meet the press" where she gave that explanation that this protest in benghazi started o
NBC
Sep 28, 2012 5:30pm PDT
note, peter king, chairman of the house committee, said that ambassador susan rice should resign because of her statement. >>> all right, we want to turn to andrea mitchell, chief foreign correspondent, and andrea how rare is it for the intelligence committee to come out and acknowledge they got it wrong initially, and is it having any effect on the response here? >> reporter: well, first of all it is very, very rare for them to make this type of admission. and politics are clearly in play. the questions are being asked, why did they get it wrong? was it because of a coverup, or was it because they were trying to avoid acknowledging mistakes this close to the election? so there is always a political consequence, and certainly's tonight, the white house is strongly defending susan rice, but she is in the cross-hairs of the political argument and that will be pursued by the republicans who have been hammering away for days saying that the administration deliberately covered up. something the white houses strongly denying. >>> all right, andrea mitchell, thank you, we want to let yo
WETA
Sep 29, 2012 6:00pm EDT
an anti- terror policy obama had. they deceived the country, sending the susan rice on the sunday shows pretending that this was the outgrowth of a demonstration, when everybody over the age of nine could see that it was premeditated. that is why the story was suppressed until it could no longer be suppressed. >> i am not aware of the conspiracy, but charles has his own strange and wonderful sources -- >> how do you explain her -- >> i am going to try to answer my moderator's question about this. the problem the republicans have is that mitt romney has never cracked the threshold of being a possible commander in chief. i think it does tarnish the obama record. i think there's no question that the murder of osama bin laden took the wind out of the sales of the republican candidates. three of them decided in the wake of that not to run for 2012 because they thought he was unbeatable. it was an enormous credential for obama. but because romney chose paul ryan, he did not fill up the emptiness of his resume on foreign policy. for that reason he has not been able to exploit what should
FOX News
Sep 29, 2012 6:00am EDT
intelligence is weighing in. is he giving cover to susan rice for the administration's wobbling evolution on the truth? >> we may see how this argument is now about to play out. right? we had a debate on the show a little while ago. fascinating because i was hearing from mark lavine, radio talk show host. argument from the left that this intelligence may have been muddled from the beginning and they were making their way to uncover it this is what the director of national intelligence is now saying it was on us, basically, not the white house. read. this in the intermeet adaftermath there was information that led us to assess that the attack began response stainously following protests earlier that day at our embassy in cairo. we provided that assessment to the white house and men's of congress who used that information to discuss that attack publicly and provide updates as they became available. through the our investigation we continued to emphasize that information gathered was preliminary and evolving. the white house came out, the president, within 24 hours or so said it was a terror
FOX News
Sep 29, 2012 1:00pm EDT
to resign. susan rice facing mounting criticism for statements she made following the deadly attack on the consulate in benghazi, peter king becoming the highest ranking lawmaker to call for her to step down. and congressman king making his case moments ago here on fox news channel. >> if ambassador rice was deliberately misleading the american people and showed a lack of knowledge and sophistication, she shouldn't hold that. the entire administration is wrong and this is the american people, and the world, and she was as spokeswoman, our representative to the world and explaining what happened and virtually everything she said was wrong. >> kelly: with that, we welcome you to a brand new hour of america's election headquarters, i'm kelly wright. >> i'm jamie colby, an interesting new twist to the whole story, congressman king joins a growing list of lawmakers, why ambassador rice initially declared the benghazi attack, a reaction to a protests in cairo over an anti-islam film before acknowledging it was a coordinated attack. and christopher stevens and three other americans were ki
FOX News
Sep 29, 2012 12:00pm EDT
calling for u.n. ambassador susan rice to resign. king says she needs to pay the consequences for misleading americans about what happened in libya. wasting no time, obama administration officials and congressional democrats are coming to rice's defense, saying she went on the sunday talk shows and gave the "best information and best assessment that the administration had at the time." national security council spokesman tommy vitt just-released statement saying rice has done extraordinary work at the united nations and for the american people. the president appreciates the work she does every day and is looking forward to her continued work. congressman king is joining us now with his thoughts on all this. congressman king, thank you so much for joining us today. >> thank you. >> do you believe that ambassador rice is part of a deliberate cover-up to mislead the public on the events surrounding the attack in banghazi? >> ambassador rice was deliberate misleading the american people or showed a lack of knowledge and sophistication she shouldn't hold that position anymore. the admi
FOX News
Sep 29, 2012 9:00am PDT
. back to you. >> peter, thank you very much. >> well, as calls for u.n. ambassador susan rice to resign surface in the republican ranks, democrats both in the obama administration and on the hill are coming to the ambassador's defense. molly hennenberg has the latest on this story. molly? >> congressman peter king, the republican chair of the house homeland security securities committee is the first lawmaker to call for u.n. ambassador susan rice's resignation. he objects to her going on the sunday talk shows two weeks ago and stating that the libya attack appeared to be a spontaneous reaction to an anti-muslim video when there was already evidence that it may have been a terror attack. >> either ambassador rice was deliberately misleading the american people or showed such a lack of knowledge and sophistication she shouldn't hold the position anymore. the entire administration has misinformed the american people, misinformed the world, and she was their spokeswoman, our representative to the world. virtually everything she said was wrong. >> others are praising ambassador rice, a spoke
FOX News
Sep 29, 2012 4:00pm EDT
. ambassador is the united nations susan rice. almost two weeks ago she claimed the assault was a spontaneous protest that spun out of control. white house officials admitting it was a coordinated terrorist attack. speaking earlier on fox news, peter king says rice should step down over this. >> the person that was out there. the person that was going to get all the glory, all the morning shows was ambassador rice. to send a clear message to the world and to american people this will not be tolerated, she should resign but also should investigate and find out how high up this went. >> gregg: welcome to a brand-new hour. i'm gregg jarrett. >> heather: i'm heather childers. a new debate rages in washington. what did white house officials know and when did they know it. demand for answers into the shifting accounts coming not just from republicans but lawmakers from both sides of the aisle. attack in benghazi that left four americans dead, including chris stevens, ambassador to libya. molly henneberg is live in washington. >> molly: the white house and state department are defending
FOX News
Sep 29, 2012 3:00am PDT
donilin to weigh in on this. as you pars those words i'm not sure it gets susan rice off the hook. peter king is calling for her to resign. does that get her off the hook for coming out five days after this happened on five different sunday shows and saying this was spontaneous protest related to this film. i don't think so. we all know what james clapper's office said. we know that they have been evolving on this. but it took five days. >> not only that what she said was unequivocal. why not just say the safest thing that all administration say when they don't want to release information which is the investigation is continuing. we don't have all the information. >> why jump to the conclusion that this is about a film and each at the president's u.n. speech this week he highlighted this film through throughout this u.n. speech leading many to believe that the main issue is this youtube clip that seems relatively insignificant in the grand scheme of siblings charles krauthammer also had a similar take on this and he responded to that james clapper statement last night. take a list
CNN
Sep 29, 2012 12:00pm EDT
assault. it's a different assessment from before. u.s. ambassador to the united nations susan rice had said earlier it was a spontaneous attack over an anti-muslim film and that there were no extremists involved, but now with the new information, new york congressman peter king is calling for rice to step down. here's what he told our wolf blitzer. >> too much things to go wrong and everyone forgets about it the next day. i think we have to send a clear message and on such a flight issue as this, an american ambassador was killed and by all the accumulation of evidence at the time the prezumption had to be it was terrorism. i can see why they wanted to say it's too early to say it's definitively terrorism but to rule out terrorism and say it was not terrorism at that time, to me, was a terrible mistake to make whether it was intentionally or unintentionally. i believe she should resign, yes. >> the white house is standing by rice at her statements were based on information they had at the time. and it was not intended to mislead people. according to white house officials. >>> now to th
FOX News
Sep 29, 2012 6:00pm EDT
consulate in libya. almost two weeks ago, u.s. ambassador to the u.n. susan rice claimed the assault was a spontaneous outburst of violence. u.s. officials now admit i was a coordinated terrorist tack. today a leading lawmaker calling on ambassador rice to resign. molly henneberg, who wants the ambassador to step down? >> reporter: it is congressman peter king, the republican chairman of the house homeland security committee, the first lawmaker to call for ambassador rice's resignation. he wants to know why she went on sunday talk shows, five days after the attack and said it was a spontaneous event even though king says there was circumstantial evidence that it was a terror attack. >> entire administration has handled this wrong from the start misinformed the american people, misinformed the world she was our representative to the world. supposedly explaining what happened. everything she said was wrong. the administration is now trying to cover it by saying she was given the best information they had available at the time. >> reporter: a state department spokesperson says a
FOX News
Sep 29, 2012 12:00pm PDT
internally classify something as terror and send ambassador susan rice days later to claim it was responsible taken chris? >> that is question. it appears there is a cover-up. i've been trying, judy has been trying to track down what has happened. you are told what they were operating under the best information she had and she was kousmg it with most recent information. she was so specific but it was just contrary to common sense. there is no -- to compare what was happening in cairo to say that the movie caused it. protestors don't care rp gs and things like that. so the media had a disturbing lack of curiosity about this and holding their feet to the fire. >> there is another element. up in news cycle the desire to get something out into the public arena quickly often brings mistakes like this. i think as colin powell demonstration at the u.n. supposedly in iraq and went on the sunday talk showing. he was talking about what he thought at the time was true. it may or may have been true and stuff may have gone to syria, but this is function of news cycle. >> the statement months i
FOX News
Sep 29, 2012 2:00am EDT
administration. now to refresh your memory, here is what ambassador susan rice said on september 16. remember, u.s. intelligence officials have told fox news they knew on september 12 it was a terror attack. >> this was not a preplanned, premeditated attack. what happened initially was it was a spontaneous reaction to what had just transpired in cairo. as a consequence of the video. >> andrea: why would the administration try to sell us that story? >> so why did they deceive in it's obvious. the attack took place five days after the democrats spent a week in charlotte, out thing, spiking the football on bin laden. >> the reason we call it benghazi-gate it contains the grim prospect that the administration knew or should have known. this is the one cancer on the presidency. dare i say that. >> we have been lied to. we flat out have been lied to. everybody with two eyes and i.q. above plant life understands that what happened in egypt and what happened in libya was not some spontaneous reak to a stupid 13-minute video on youtube. richard nixon was forced out of office because he lied.
FOX News
Sep 29, 2012 10:00am PDT
wrong places. >> i have not said one time it's a coverup. i believe that susan rice was a good foot soldier for the administration, but to even look at the fort hood attack, we said that was work place violence and found out that was connected to al-qaeda and even at times where bomber, we said an isolated incident and found out that was planned and connected to al-qaeda. so, this is actually something that has happened before time and time again and definitely. >> kelly: and both of you-- time out ladies, let me put this question out to both of you. since mr. romney is expected to attack the president on economy, and foreign policy and so far we have not seen what he will do for a second term. so, what do you anticipate the president will have to do, jehmu, in order to get ahead of this foreign policy gap that's going on right now in the wake of the death of four great americans. i don't know, kelly, i disagree with you. we haven't seen from president obama what his next four years would be, we have not seen anything from governor romney on what his business-- his presidency would
FOX News
Sep 29, 2012 1:00pm PDT
: the white house and state department are defending ambassador susan rice. a spokesman for barack obama says she has done extraordinary work for the american people. also democratic senator john kerry called rice, quote a remarkable public servant and state department put out a statement defending rice's comments to those sunday shows. the statement said, quote, at every turn, ambassador rice said she was providing the best information and best assessment that the administration had at the time. based on what was provided to ambassador rice and other senator senior intelligence committee but they knew one day of the assault that it was a coordinated terror attack likely tied to al-qaeda. congressman king wants to know why ambassador rice went on tv five days after the attack and said otherwise. >> the entire administration, miss informed the world and she was our representative to the world explaining what happened. virtually everything she said was wrong and the administration is trying to cover it by saying she was given the best information available at the time. >> molly: a sp
FOX News
Sep 29, 2012 11:00am PDT
calls for susan rice to resign. peter king saying ambassador rice should step down for, quote misleading claims about the deadly attack in libya. he called it a spontaneous reaction to an anti-islamic film. they say it was a coordinated terrorist attack. democratic chairman john kerry defending her today, i'm deeply disturbed by efforts to find the politics instead of finding the facts in this debate. it killed four americans including chris stevens. i'm i'll see you right here at 6:00 p.m. eastern on the fox news channel. >> paul: hillary clinton suggested that the consulate attack in benghazi involved the al-qaeda affiliate in north africa it was like will goly the work of the terrorist group. that admission led to many questions what took the administration so long with john mccain and lindsay graham issuing this statement. we recognize that al-qaeda involvement in the terrorist
CNN
Sep 29, 2012 7:00am EDT
susan rice to step down. new york congressman peter king says rice is to be held account aable for her statements on the attack. here's what he told our wolf blitzer. >> i believe this was such a failure of foreign policy message and leadership. such a misstatement of the facts as known at the time and for her to go on all those showers and be misinforming the american people and our allies and countries around the world, to me, somebody has to pay the price first. we have so much things to go wrong and everyveryone forgets t it the next day. an american ambassador who was killed where by all the accumulation of evidence at the time the prezusumption had to b it was terrorism. it is definitivety terrorism, to say it was not terrorism at that time was a, to me, terrible mistake to make, whether it was intentionally or unintentionally and show the significance of that, i believe she should resign, yes. >> the white house is standing by ambassador rice. she said everything she said in that interview was cleared by interagency groups and certainly nothing was designed to mislead the am
FOX News
Sep 29, 2012 8:00am PDT
issuing a statement calling for u.n. ambassador susan rice to resign over what he calls the ambassador's misleading statements following the terror attacks. >>> meanwhile the obama administration is defending ambassador rice today in a statement released by the u.s. mission to the u.n., quoting "ambassador rice provided and said she was providing the best information and the best assessment that the administration had at the time based on what was provided to ambassador rice and other senior u.s. officials by u.s. intelligence. congressman king will join us at the top of the hour. we'll have much more on this one when i see at 1:00 eastern on america's election headquarters only on fox. now back to "forbes on fox." >> he's been talking tough on china. he says he's going to take the fight to them. he's going to go after these cheaters. i've got to admit, that message is the better -- is better than what he's actually done about thing. it sounds better than talking about all the years he spent profiting from companies that sent our jobs to china. >> david: president obama atta
FOX News
Sep 29, 2012 2:00pm EDT
headquarters, i'm arthel nevil. new calls for susan rice to resign. peter king saying ambassador rice should step down for, quote misleading claims about the deadly attack in libya. he called it a spontaneous reaction to an anti-islamic film. they say it was a coordinated terrorist attack. democratic chairman john kerry defending her today, i'm deeply disturbed by efforts to find the
FOX News
Sep 29, 2012 8:30am PDT
murdered four americans. >> homeland security chair congressman peter king is calling for u.n. ambassador susan rice to
FOX News
Sep 29, 2012 11:00am EDT
work is moving around coal in various forms. i don't think that's a booming business right now. >> so you like the concept maybe at the beginning, but -- >> i liked it in 1962. >> i'm only 50 years late on this one. >> neil: but you're younger too. here's david. >> you knew this was coming, incomes falling gen. a new report showing the median household income heading south last month. now down more than 8% since president obama took office. now governor romney is out saying his plan to overhaul our massive tax code will put more money back in your pocket, but will it work? hi, everybody. welcome to "forbes on fox." steve, what do you think of this romney tax plan? >> it increases take-home pay, middle class family, $2,000 extra in their take-home pay, and more importantly it reduces the price of doing work, being productive and taking risks. lowering that price, lowering tax rates. that's the way to get the economy going. worked for kennedy, for reagan, worked in the early part of the last decade. it will work again. >> we have to do something. since the recovery began, by the way, june 2009, household incomes are down 5.7%. that's since the recovery. when you're in a recovery, incomes are supposed to go up. >> yeah. what's disstressing and concerning is, at this point i don't know what governor romney has in mind. he's been saying all along he'll reduce taxes and shows up in ohio -- >> reducing tax rates. >> he shows up and says don't expect a huge tax cut, because what he's doing is lowering deductions and exemptions. great. i wonder if somebody will get around to telling me what those deductions and exemptions are that he's going to lower. he's been running for president for seemingly half a century and none of us know what he plans to do. i may like it, but he hasn't told me. >> the bottom line of what he's going to do, minus the specifics, he's going to lower tax rates by 20% for all income groups and get rid of the special deals and deductions that some of the big guys get. >> well, you know, not only did median income fall, but economic growth was revised downward. david, we should be enjoying 4% growth, not minus 2% growth that we've had during the obama administration. rick, romney may have been running for president forever, but obama has been president for almost -- you know, for 3 1/2 years. >> and it seems forever. >> only to some of us. >> we're not going get the median incomes up until income growth up. simplification has been to do be done. obama takes no interest in this. rick, when was the last time you even heard president obama talk about growth? >> let me actually switch -- let me switch to mark now. ma, what do you think of the obama tax plan? >> well, look, i don't know if obama has really a tax plan, but i don't think the problem is taxes here. i think the problem is people don't have an income. the reason they don't have an income, they don't have jobs. we have a demand problem in the economy, not a tax problem. cutting taxes, if you have no income, does not make any difference. we need to stimulate demand. how can we stimulate demand? we can do it in a variety of ways, but cutting taxes is not going to get us where we want to go. >> victoria, the message of mitt romney, and a lot of people, is if you overhaul this complex tax code and get the incentives back in, that will help small businesses, particularly go out, build their businesses, and hire more people. >> i think that's absolutely true. business owners, small and large, are holding back. they're fearful that they're going to have higher taxes down the road on their own profits and also just on the cost of hiring a new person. they're fearful those costs will go up in the forms of taxes and regulations. so, mark, i agree with you that it's a demand problem, but taxes are at the center of this. romney is actually sending a message to business owners that he's looking at reducing those burdens to hiring, and that's what we need. i mean, we've got higher unemployment than when obama took office, and we have a really low workforce participation rate. that's really troubling. because those people are just deciding not to work. that's where you're going to get a higher and higher cost of entitlements in this country. >> mike, the main problem for most of us, lucky enough to have jobs, the money in our pocket is less than it was, and it's worth less too. >> right. the value of the dollar is falling considerably under president obama because of all the money printing he's done. >> the money printing that ben bernanke has done. >> supporting the treasury and borrowing by obama. what romney understands, david, and president obama is clueless about, there's a big difference between tax credits and tax rates. cutting tax rates gives you incentive to invest in plant and equipment which then allows you to hire people, because you're going to get to keep an extra amount of money on each dollar of profit you make. cutting tax credits does not hurt incentive, because tax credits are temporary and does not encourage investment. >> steve, i want to keep it on the simplification, because that's success i can identify with. i haven't my own taxes in a long time. the reason is, because it's just too complex. i'm not a small business. if i was a small business, i'd have to do devote hundreds of hours of time, a lot of money, to figuring the thing out. >> that's right. the irs has figured out, david, that last year we spent 6.5 billion hours filling out tax forms, the equivalent of 2 1/2 million full-time jobs. it cost the economy $300 billion a year. huge waste of brain power. so yes, tax simplification is absolutely essential. paul ryan, the vice presidential candidate, has an even better plan than romney has, and that's junk the code, have two rates after exemptions, 10% above $100,000, 25%. that would get the economy moving. >> what mike was talking about, all of these tax cuts just add to the tax code, they don't make it simpler or smaller. >> i can get behind a simpler tax code, but i'm still suffering from the ripple in the force i felt when david asman told me i was right. i'm going to lose my liberal union card. steve pointed he likes the vice president's candidate program the president's candidate. all of you republicans seem to bant paul ryawant paul ryan for, but he's not. >> i heard you say no about the idea of tax simplification. why is that not a good thing? >> we're all basing this argument predicated on lower tax rates are going to stimulate things. companies are not using the industrial capacity they have now. they laid off workers because there's no demand. cut their taxes, it doesn't mean they're going to build another factory if people aren't buying their goods. it's lunacy to think this would fix the problem. it's not a tax problem. it's a job problem. >> look what happened in the '80s. even when nowhere cut the capital gains, investment went up. in the second quarter in this country, capital gains grew 0%. >> go ahead, mark. >> we've had a lost decade. a lot of that we did cut taxes and -- >> by the time bush put in his second round of tax cuts in 2003 through the end of his presidency, he created over 2 million jobs in this country. >> hold on, guys. trends over time, when you go back to 1983, you look at that long period of time where median income went up during the 1980s. it also happened, by the way, under president clinton with a republican congress. there's been times in the past where we've had a steady increase in the median income. >> the tax code is a huge barrier to production and demand. you don't get demand without production. the lower tax code means there's less of a burden and people do more positive things. >> okay, folks. thank you very much. >> thank you. >> oh, my god, like, this is the most amazing show. i've enjoyed every minute of it. and, like, you know, it's important to take a moment every now and again and be, like, wow. >> you know, like, i have the same reaction when i watch neil's special coverage. see what all the excitement is about this wednesday when he heads to denver for the first presidential debate. first at 4:00 p.m. eastern. that's on fox news channel. then at 8:00 a.m. on fox business network, where i'll join him. neil will cover all the debates like no one else. watch it and profit from it. >>> coming up next, governor romney investing prescott privas in china, not okay. president obama's stimulus plan reportedly sending u.s. tax dollars to china is okay? 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[ host ] call your local allstate agent now and get one hundred dollars off your deductible the day you sign up with deductible rewards, and another hundred off every year you don't have an accident. down to zero! you'll be dancing too! let the good hands people give you great protection and a great rate. call your local allstate agent now for a fe quote or find one at 888-allstate. that's 888-allstate. >> major developments now in the wake of the deadly libyan consulate attack. congressman peter king issuing a statement calling for u.n. ambassador susan rice to resign over what he calls the ambassador's misleading statements following the terror attacks. >>> meanwhile the obama administration is defending ambassador rice today in a statement released by the u.s. mission to the u.n., quoting "ambassador rice provided and said she was providing the best information and the best assessment that the administration had at the time based on what was provided to ambassador rice and other senior u.s. officials by u.s. intelligence. congressman king will join us at the top of the hour. we'll have much more on this one when i see at 1:00 eastern on america's election headquarters only on fox. now back to "forbes on fox." >> he's been talking tough on china. he says he's going to take the fight to them. he's going to go after these cheaters. i've got to admit, that message is the better -- is better than what he's actually done about thing. it sounds better than talking about all the years he spent profiting from companies that sent our jobs to china. >> david: president obama attacking governor romney over private investments in china, but what about sending taxpayers' dough, your money to china under his watch, like the $1.8 million stimulus money spent on this federal building that reportedly used solar panels from china, or more money from the stimulus that reportedly purchased wind turbines from china. mike, you say the definition of high accuracy. how so? >> president obama is being a huge hypocrite. he's taking taxpayer money, throwing it over to china, and criticizing romney for using private capital and investing it in china. romney is doing it for profit, president obama is doing it for political profits. what will obama say about the pensions that profit from investments in china? this shows the president is absolutely clueless and is a good example of why the economy is doing so bad. >> david: mark, is this hypocrisy? >> neither side is clean here. this is just election year table pounding. we need china as a trade partner. we don't want a trade war with china. we're very dependent on their economy and they're dependent on our economy. mitt romney has invested in china, has family trusts invested in china. both sides have done this here. if you want to call it hypocrisy, call it hypocrisy, but nobody is clean here. >> david: by the way, steve, it's not just china, $2.8 billion in department of energy money went to a spanish firm that did solar stuff. this is not just china. we're outsourcing a lot of money overseas. >> two points, david. romney, what he does it's vol temporary. when the government does, it's taking our resources and playing politics with it. it's about trade barrier, stealing our intellectual property rights, what both candidates should be focused on, not this thing about who invests more in china. >> david: if it's private money, may it go where it will. private investors are free to do with their money, but not my money, not my tax dollars. >> i hav no allergic relax to governor romney investing in china, if that's what he wants to do. the issue is he makes these investments, goes out on the campaign trail, trashes china, tells us these things he's going to get tough about, when we know he's never going to do any of it. >> david: how do we know any of it, by the way? >> we don't know it, but i'm pretty darn sure. here's the most interesting part, when he finally releases his tax return, we see he quickly sold off the investment he had because he looked guilty. that's kind of silly, isn't it? like the kid getting caught with his hand in the cookie jar. if you feel okay about, don't sell it off because you're running for president. >> david: victoria, talk about hands caught in the cookie jar, when you look at all of the billions of tax dollars to outsourcing to foreign countries, doesn't that make president obama look hypocritical? >> yes. obama tried to play the role of investor when it came to green tech and creating green jobs, and found you can't avoid china. by one american university study 80% of the first $2 billion stimulus went overseas to china and other countries. that's a statement on the u.s. that says that we need to do more to become competitive. of course he's not addressing that. i think the more pressing issue is that, hey, this is a u.s. issue, if you're an investor today and you can't avoid china. >> david: rich, isn't it's a fact that one of the reasons some linda went bust and took half a billion dollars of our tax layers wit dollars with it - >> china couldn't meet the price. yet the government put money in there anyway. i feel this is kind of an outdated argument. what both of these candidates should be concentrating on is all the wonderful things that can lead to this renaissance in american manufacturing. energy independence, for example. robotics. i feel this china argument is yesterday's argument. concentrate on the future and the future would look bright if one of these ninnies would talk about. >> david: mike, as long as we're not outsourcing our jobs, as long as they're not actually stealing our secrets, we get what we can from china, right? >> absolutely. iphones and computers, apple products, are hot. the economy is just tanking. he was ahead of the times. shows what a great investor is. >> he's a great investor, not a very good president. >> david: last word from rick unger. a new two-year high school plan that could save us all a bundle. that's at the bottom of the hour. first get ready to kiss low downpayments on mortgages forever. government regulators say they're too risky, but some say it's too risky to get rid of them. that's the flip side. you'll hear it right here next. >> david: not sure who to bet on this november? better get our informer stocks, they >> david: new home prices spiking up, a new sign lending may be ticking up. now regulators are looking to block mortgage providers from offering really low downpayments to attract customers. they say they're too risky and helped contribute to the housing meltdown to begin with. victoria says low downpayments aren't as risky as more government medaling. vicky, explain the flip side. >> this medaling is nonsensical. they want to say you have to over 10% on a downpayment when the national average is a little over 12%. so all you're going to do is hurt banks and borrowers, borrowers who are great borrowers, right? these are people with high credit. really nice incomes. people who banks say, well, yeah, they should get lower than the average of 12%. so it's nonsensical in that it doesn't touch most of the market. you're just hurting good borrowers. >> david: mark, is it good or bad to have the government getting in here? >> i think it's good. i don't think we've learned our lesson here. look what happened to the great meltdown in the last several years. there was lots of speculation, lots of people who were poorly qualified, could not pay the mortgages, and we ended up making mortgages to poor credits, and we bundled this and sold this in the secondary markets where there was even more speculation. when are we going to learn there needs to be some government controls on this? >> david: rich, what do you think of this? >> well, you know, government medaling created a lot of the housing bubble. just recall that the government forced the banks to make a lot of dodgy loans to avoid racial red lining profiles. you know, no wonder -- i don't know what kind of wisdom mark thinks the government possesses. if they possessed supreme wisdom, but it doesn't. everything gets governmentized. >> david: the market is working, fewer contractors building fewer homes, and with the less supply the market goes up. >> there was a time not all that many years ago i would have absolutely agreed with your point of view. i lived in los angeles at the time of the great crash of the housing industry. i saw what the banks and even more the mortgage brokers, i saw what they were doing. if ever somebody made a case for why government should be regulating them that's exactly what these people did. now, you can argue that maybe they've learned their lesson. maybe they won't do it again, but is there any reason to expect they won't? >> they were regulating it. >> david: another reason the market is beginning to work in housing is because the government programs have tapered off. we had so many of them that did nothing for several years to improve the situation. as they taper off, surprise, the market improves. >> if the government had stepped aside three years ago, let it work out, we'd have a housing boom now. we need 1.5 million new houses a ware because of wear and tear and population increasing. the inventories would have been brought down quickly. more over, in terms of 10%, the government ends up guaranteeing a lot of those mortgages so they're in there anyway. if you don't want 10%, get the government out and let the free market decide what the rate should be. >> david: last point from mr. capitalism. steve? lots of investors are sitting on the headlines until we know who will occupy 1600 pennsylvania avenue, but some say stocks will win no matter who wins in november. looking for dividend-paying stocks for your portfolio? with the fidelity stock screener, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividend-paying stocks. then you can customize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. of hardest-working, smoothest-riding.lass it's got the most torque, the smoothest suspension, the best storage, class-leading comfort, and a revolutionary collection of versatile accessories. it's built on everything we've learned creating the world's best-selling utility side-by-sides. introducing the all new 60-horsepower ranger xp 900, a whole new class of hardest-working, smoothest-riding. >> david: we're back with stocks. mike, cbs? >> i like them a lot, leading off with "made in jersey" in their fall lineup. how could you not like a show like that? >> i like jersey, but not cbs. they're dependent on
FOX Business
Sep 29, 2012 4:00am EDT
. administration officials, including ambassador susan rice, stated that benghazi was a demonstration prompted by the video clip that spun out of crock. fox news, first to report, there was no ongoing demonstration at the consulate when the attack unfolded. the rso who worked for the state department in the middle east tells fox that the u.s. consulate in benghazi had to be classified as a, quote, "critical threat, terrorism, or civil unrest posting," and what fall follows the classification are specific security requirements including reenforced windows and doors. grading is only acceptable for the ambassador residents and not where official business is done. as for the perimeter security, walls have to be three meters in height and buildings set back 100 feet. the enhanced security is designedded to create an hour of safety or golden hour when class fied documents can be burned and emergency evacuation called in. we have asked the state department tonight whether the consulate met the security requirements, and if not, if approved, the state department spokeswoman said they had noth
CNN
Sep 29, 2012 3:00am PDT
. ambassador to the united nations susan rice to step down. new york congressman peter king says rice is to be held account aable for her statements on the attack. here's what he told our wolf
FOX News
Sep 28, 2012 11:00pm PDT
, jay carney did. 14, susan rice does, blames the movie. september 25, barack obama at the podium blames the movie. september 27 our fox reports they knew two weeks ago. what happens today, 28th dn saying well information is evolving and the democrats are you no saying well, i guess we didn't know what the truth was now. we are getting it. here comes the spin. >> kimberly: investigate it after the election. november 7, sounds good. >> andrea: are you going to speak out with the democrats to demand answers or sit here and give us excuses? >> bob: i'm not giving excuses. >> greg: president obama should assume it's not evil that causes eel, but silly tape. >> bob: okay. sorry i raised this again but i want to say this, intelligence sources the office of the director of national intelligence said the following -- the information that led to us assess the attack began spontaneously process earlier that day in cairo. we provided that to the executive branch officials and members of congress. he said we have revised the assessment. this is the director of national intelligence. you can u
CNN
Sep 29, 2012 5:00am PDT
benghazi attacks. some statements were made by the am bass do to the united nations, susan rice. now, peter king is calling for her to step down. here's what he told our wolf blitzer. >> i believe this was such a failure of foreign policy message and leadership, such a misstatement of facts, as were known at the time and for her to go on all of those shows and in effect be our spokesman for the world and misinform our allies and spokesmen around the world. someone has to pay the price for this. things go wrong and everyone forgets about it the next day. we have to send a clear message on such a vital issue like this where the american ambassador was killed, the presumptioned a to be it's terrorism. can see why they would have said it's too early to definitively rule out it was terrorism. to me, it was a terrible mistake to make whether intentionally or unintentionally, to show the significance, she should resign. >> the white house is standing by rice. they said everything she said in that interview was cleared by int interagency groups based on information they had and certainly nothing wa
CNN
Sep 29, 2012 2:00am EDT
resignation of u.s. ambassador to the u.n. susan rice for what he says was misleading comments about the attacks in libya. yes, this issue has become political, but it is more than that because even if u.s. intelligence didn't know the specific details of an impending attack, here's what they and we did know. three days before the attack, senior u.s. embassy officials were warned by the libyan militia connected to the government, they couldn't secure benghazi. the british ambassador was attacked in june and of course, the attack happened on september 11th and once again, once the attack happened, u.s. intelligence knew within 24 hours that it was linked to al-qaeda. also, "the daily beast" eli lake reports they even knew the location of at least one of the attackers. eli is with me tonight on what u.s. intelligence knew in the immediate aftermath. also with us is jeff porter, an adviser on political and security risks and jeffrey cousins. great to see you. and eli, let me start with you. you have had so much of the first reporting on this and now, you have some more information on when i
MSNBC
Sep 29, 2012 11:00am PDT
. ambassador to the united nations, susan rice, to resign for initially calling the attack, quote, spontaneous and not premeditated. >> she could have said it's uncertain as to exactly how it was done, it's unsure how it was done. but to rule out terrorism saying it was not a terrorist, that was wrong. she misled the people, either if it was unintentionally or done out of ignorance. in either case, she would do the right thing and step down and resign. >> yesterday the spokesman for the national intelligence director issued a statement saying they, "revised our initial assessment to reflect new information indicating that it was a deliberate and organized terrorist attack carried out extremists." brent colburn is the national communications director for the obama campaign. brent, good saturday to you. >> thanks for having me, craig. >> "the new york times" today has a piece. the piece is called "shifting reports on libya killings may cost obama." how concerned are you at this point about the way the white house has explained the attack on the embassy? >> sure. well, look, the numb
FOX News
Sep 28, 2012 10:00pm PDT
, here is what ambassador susan rice said on september 16. remember, u.s. intelligence officials have told fox news they knew on september 12 it was a terro
MSNBC
Sep 29, 2012 8:00am EDT
critics calling for u.n. ambassador susan rice to resign when they said the administration lied about who was behind the attacks in benghazi, libya, senator john kerry called for rice to stay on. the republican party has severed ties with a virginia based consulting group it has paid $3 million to this year alone. the group is being investigated for voter fraud in nine counties in florida. right now, my story of the week. the republican bubble trap. if you follow politics, you've probably noticed that polling of the presidential election has swung quite decidedly in the president's favor over the last couple of weeks. the real clear politics polling average now has obama up 4.1 points over mitt romney in national poles. nate silver's prediction model put barack obama's odds of winning the election above 80% for the first time ever. swing state polling just this week seems to confirm the trend. a new quinnipiac "new york times" cbs poll shows surprisingly strong leads for the president. the galup tracking poll shows obama up six points. it's pretty hard to survey the polling data and n
MSNBC
Sep 29, 2012 12:00pm EDT
terrorist attack in libya. >> do you think anything's going to happen with that, with susan rice? do you think she could potentially lose her job or no? >> i don't think she'll lose her job, but i don't think we'll be seeing her much in the upcoming months. >> molly, best and worst? >> i'll give best week to todd akin, the republican senate candidate out in missouri. the deadline passed this week for him to withdraw from the race. he was under heavy, heavy pressure from so many republicans to get out. they say they couldn't possibly win. he stuck it out, he knew they'd come around and they'd give him their money and their support when they didn't have a choice, and sure enough, that's exactly what's happening. you have a lot of republicans magically changing their mind now that they can't get him out of there. and for worst week, i'll have to go with mitt romney. this is the week that we really saw this narrative solidify that he is just, he's down and out. and when i was with him in ohio, i was looking for signs that he's doing something to turn it around. that he knows what he wants to
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